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The monthly payment is $38.21 for a $400 loan with a 25.99% APR. The loan or credit card debt will cost $58.52 in interest payments for the first 12 months.
25.99% APR on $400 Results |
|
APR |
25.9869% |
Total Financial Charges: |
$58.52 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$400.00 |
Loan Amount: |
$400.00 |
Monthly Payment: |
$38.21 |
Total # Of Payments: |
12 |
Start Date: |
Dec, 2024 |
Payoff Date: |
Nov, 2025 |
Total Interest Paid: |
$58.52 |
Total Payment: |
$458.52 |
25.99% APR on $400 Amortization Schedule |
||||||
Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Dec, 2024 | 1 | $8.66 | $29.55 | $38.21 | $370.45 | |
Jan, 2025 | 2 | $8.02 | $30.19 | $38.21 | $340.27 | |
Feb, 2025 | 3 | $7.37 | $30.84 | $38.21 | $309.43 | |
Mar, 2025 | 4 | $6.70 | $31.51 | $38.21 | $277.92 | |
Apr, 2025 | 5 | $6.02 | $32.19 | $38.21 | $245.73 | |
May, 2025 | 6 | $5.32 | $32.89 | $38.21 | $212.84 | |
Jun, 2025 | 7 | $4.61 | $33.60 | $38.21 | $179.24 | |
Jul, 2025 | 8 | $3.88 | $34.33 | $38.21 | $144.91 | |
Aug, 2025 | 9 | $3.14 | $35.07 | $38.21 | $109.84 | |
Sep, 2025 | 10 | $2.38 | $35.83 | $38.21 | $74.01 | |
Oct, 2025 | 11 | $1.60 | $36.61 | $38.21 | $37.40 | |
Nov, 2025 | 12 | $0.81 | $37.40 | $38.21 | $0.00 |
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